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Port Moresby, Papua New Guinea, February 29, 2024 – Prime Minister and Treasurer Hon. James Marape announced today that Cabinet has invoked provisions of the Essential Services Act in light of the fuel crisis now affecting the country. “This allows for the Government emergency powers to give directions to companies in the fuel and banking […]

February 26, 2024 Dear Citizens of Papua New Guinea, As we observe the third anniversary of the departure of Great Grand Chief Sir Michael Thomas Somare on Monday, February 26, 2024, our nation finds itself navigating through some of its most-challenging times. Recent days have witnessed tragic losses in Wapenamenda, Enga. Furthermore, on January 10,

Port Moresby, Papua New Guinea, February 18, 2024 – Prime Minister and Treasurer Hon. James Marape has described Morobe as one of the “most-important” provinces of the country which anchors 70 per cent of Papua New Guinea’s economy. He reiterated this sentiment on Friday, February 16, 2024, when receiving the K681 million Morobe Provincial Budget

Port Moresby, , January 24, 2024 – Prime Minister and Treasurer Hon. James Marape emphasised the importance of preventing the national fuel security issue involving Puma Energy from escalating into a national security concern. The Prime Minister expressed these sentiments during a crucial meeting held on Tuesday, January 23, 2024, with Bank South Pacific (BSP)

Port Moresby, Papua New Guinea – January 24, 2024- Prime Minister and Treasurer Hon. James Marape has provided reassurance to Bank South Pacific (BSP) regarding the scrutiny of taxes imposed on the bank by the government. During a meeting held on Tuesday, January 23, 2024, with BSP Chief Executive Officer Mark Robinson and Chief Financial

Port Moresby, January 23, 2024 – During a meeting held on Tuesday, January 23, 2024, Prime Minister and Treasurer Hon. James Marape conveyed his strong desire for Bank South Pacific (BSP) to continue its vital support for small to medium enterprises (SMEs) and home buyers through loan initiatives. Prime Minister Marape also expressed his appreciation

Port Moresby, Papua New Guinea, January 24, 2024 – Bank South Pacific Chief Executive Officer, Mark Robinson, expressed his enthusiasm for the economic potential of Papua New Guinea over the next decade. During a meeting held on Tuesday, January 23, 2024, Robinson conveyed his confidence in the country’s trajectory to Prime Minister and Treasurer Hon.

Port Moresby, Papua New Guinea – January 24, 2024 – In a significant diplomatic engagement, Prime Minister and Treasurer Hon. James Marape underscored the pivotal role of Malaysia as a “very important” bilateral partner for Papua New Guinea (PNG). The statement was made during the welcoming address to the new Malaysian High Commissioner, H.E. Hamizan

Port Moresby, January 23, 2024 – In a crucial Budget Management Committee (BMC) meeting held in Port Moresby today, Prime Minister and Treasurer Hon. James Marape underscored the significance of collaboration among key Government departments and agencies. The focal departments and agencies involved in this collaborative effort include Treasury, Finance, National Planning, Prime Minister and

Port Moresby, January 23, 2024 – Prime Minister Hon. James Marape affirmed today that the Government remains committed to upholding the law with regard to constitutional offices reporting to the Prime Minister. In response to concerns raised by the Ombudsman Commission regarding the recently-established Ministry of Key Constitutional Offices, Prime Minister Marape announced significant updates.